31 October 2019

Oprah Winfrey's Trade Comes Full Circle -- How To Trade WW

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In late December 2017 Oprah Winfrey announced a stake in Weight Watchers and the stock catapulted higher.

The stock went on to double within 6 months before reversing.  After topping out above $100 WW fell more than 80%.  

It's still down more than 60% from the highs.



Price now looks poised push higher, but I doubt it can go very far.  

In any case, steer clear unless price can close above $60.

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